Hyundai will roll out a $3.3 billion initial public offering of its India unit next week, executives said Wednesday, the biggest stock market debut in the world's fastest-growing major economy.

The listing of Hyundai’s India unit is set to break the record set by Life Insurance Corp. of India, which raised $2.7 billion in 2022. It would also be one of Asia’s biggest IPOs in recent years.

By Dhwani Pandya MUMBAI (Reuters) -Hyundai Motor plans to use proceeds from a $3.3 billion IPO of its Indian unit to enhance its research efforts and develop new cars, aspiring to transform the South Asian country into a manufacturing hub for emerging markets.

Hyundai Motor India’s IPO will be open from October 15-17, marking the largest public issue in India's history. Set at Rs 1,865-1,960 per share, the I

The book-built issue of Hyundai Motor India IPO is entirely an offer for sale of 142,194,700 shares (14.22 crore shares) of face value of ₹10 each.

The upcoming Rs 27,870 crore initial public offering of the Indian arm of South Korean automaker Hyundai, the first such instance of the company list

Hyundai Motor India will launch its initial public offering (IPO) on October 15, marking a historic moment for the Indian capital market. This IPO is set to be the biggest in India this year, aiming to raise between ₹26,

Hyundai Motor India will launch its IPO next week, marking parent Hyundai's first listing outside South Korea and India's first carmaker IPO since 2003.

The IPO will be open for public subscription for three days, from October 15 to October 17, 2024. The shares are expected to list on the BSE and NSE on October 22, 2024. The IPO will be entirely an offer for sale,